Address
640 1st Ave, Ladysmith, BC
Price
$ 2,850,000
Property Attributes
- ID#1041717
- TypeCommercial
- Listing Status Active
- MunicipalityLadysmith
- CityLadysmith
- AreaLadysmith
- NeighbourhoodLadysmith
- Postal CodeV9G 1A2
- Style
- Price$ 2,850,000
- Bedrooms0
- Bathrooms0
- Half Bathrooms0
Data Source:
Canadian Real Estate Association (CREA)
Property Description
Own a piece of history with THE LADYSMITH INN! This iconic hotel, bar, and restaurant is an incredible opportunity for a visionary entrepreneur in a high visibility location. Prominently located on one of Canada's most celebrated streets, renowned for its heritage buildings, brightly painted shops, local eateries, and community - offering unparalleled charm and strong foot traffic. The main-floor bar features seating for 200, a pool area, and expansive entertainment space. Equipped with a commercial kitchen featuring with a walk-in freezer, cooler, and gas appliances, perfectly primed to handle high-volume service. Additionally, a 1,752 sq. ft. street-facing retail space on First Avenue provides the perfect canvas for a complementary business or a lucrative commercial lease. Upstairs, 15 rental suites deliver steady cash flow. With multiple established revenue streams and endless possibilities to renovate and rebrand, this is a rare chance to build a thriving hospitality legacy! Please do not contact the staff directly (id:7434)
General Features
| Features | Central location, Other |
|---|---|
| Property Type | Other |
| Zoning Description | C-2 |
| ZoningType | Unknown |
| Neighbourhood | Ladysmith |
| Business Type | Accommodation, Restaurant |
| Building Type | Commercial Mix |
| Ownership Type | Freehold |
Interior Features
| Building Fireplace Present | False |
|---|
Amenities
- Views
- New Construction
- Adult 55+
- Lease To Own
- No Strata Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Commercial Average in V9G 1A2
Price
